EURGBP
This pair has push down well over the last few weeks from the area originally marked out.
We have come down to a key discount level and am looking at the 70% and 79% fib levels for a short term buy option.As you can see there is an imbalance that has been marked out and am looking for this to be filled before we make a short term drive up.
If this comes in to play at the right trading session I will be looking for a lower TF break of structure.
Keep a close eye on market structure and remember key entry and price action will be needed.
Make sure you use proper risk management when trading.
This pair has push down well over the last few weeks from the area originally marked out.
We have come down to a key discount level and am looking at the 70% and 79% fib levels for a short term buy option.As you can see there is an imbalance that has been marked out and am looking for this to be filled before we make a short term drive up.
If this comes in to play at the right trading session I will be looking for a lower TF break of structure.
Keep a close eye on market structure and remember key entry and price action will be needed.
Make sure you use proper risk management when trading.
Anhänge:
Nov 24 2022 at 18:15
I like the low resistance run too to your orange line. Ill be keeping a close eye on it for sure
Interesting to see some weakness creeping into GBP vs EUR based on their respective moves against USD today.
If you can't spot the liquidity then you are the liquidity.
The pair has been choppy in the H4 chart. It may find its support around 0.85750. A bullish reversal pattern may push the price towards the North. On the other hand, a bearish breakout at that level may drive the price towards the South.
A very nice double bottom to go long this week, looking for a continuation next week
The price has been heading towards the North with a moderate pace in the H4 chart. The price had multiple bounces at the level of 0.85700. It may continue its bullish move to end the week.
EURGBP
Last set up on this pair for the year i think.
Looking for a Tuesday high to reach above the relative equal highs but for the November high to stay intact. This is the Yellow box i have marked out, form here i will be looking for and sell opportunity to fill in the imbalanced area that formed with the news last week.
Only after intraday moves being the last trading week of the year and all closed out by Friday.
As always Keep a close eye on market structure and remember key entry and price action will be needed.
Make sure you use proper risk management when trading.
Last set up on this pair for the year i think.
Looking for a Tuesday high to reach above the relative equal highs but for the November high to stay intact. This is the Yellow box i have marked out, form here i will be looking for and sell opportunity to fill in the imbalanced area that formed with the news last week.
Only after intraday moves being the last trading week of the year and all closed out by Friday.
As always Keep a close eye on market structure and remember key entry and price action will be needed.
Make sure you use proper risk management when trading.
Anhänge:
Dec 22 2022 at 05:54
Did it actually rise high on Tuesday?
Pezza posted:keeping an eye on the market is the first step to creating the best risk management strategies to reduce the loss on each trade.
EURGBP
Last set up on this pair for the year i think.
Looking for a Tuesday high to reach above the relative equal highs but for the November high to stay intact. This is the Yellow box i have marked out, form here i will be looking for and sell opportunity to fill in the imbalanced area that formed with the news last week.
Only after intraday moves being the last trading week of the year and all closed out by Friday.
As always Keep a close eye on market structure and remember key entry and price action will be needed.
Make sure you use proper risk management when trading.
Dec 23 2022 at 15:48
I'd say there is a false fall right now. Most of all will be a good rise next week.
Think thrice before opening an order
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